tv This Week With Christiane Amanpour ABC November 20, 2011 10:00am-11:00am EST
man of steadiness and consistency. and if that's true, then i'm a linebacker for the chicago bears. >> rahm emanuel rallies for the re-elect last night. in iowa, urging democrats to fight. the former white house chief of staff and now the mayor of chicago, as our exclusive headliner. also -- another ticking clock, as the super committee stalls at the 11th hour. can anyone break the political gridlock in washington? we ask marco rubio and chris coons, two freshman senators who built a legislative unicorn. a bipartisan jobs plan. and then -- gingrich on the road. feeling the heat again after his surprise surge. the roundtable tackles the skeletons in newt's closet. herman cain's brain freeze. which leaves rick perry planning to remake washington. and later -- a week of stunning revelations
in the penn state child sex abuse scandal and the bizarre ramblings of the man at the center of storm. good morning. welcome to the program. we have lots to get to today. but first, some news since your morning papers. violence and mayhem erupts in egypt today as police fired tear gas and rubber bullets at thousands of protesters in cairo's tahrir square. two people were reported killed and hundreds injured. demonstrators who demanded that mubarak step down, are now demanding that military government release its grip on power. president obama is back in washington this morning after a nine-day trip to asia. yesterday, the president sat down for a surprise meeting in bali with the chinese prime minister wen jiabao. it comes after a major u.s. push
to reassert itself in the region as a regional power. obama returned to a deadlock washington with the debt super committee deadline just days away. in iowa last night, six republican presidential candidates gathered for a little soul searching at a thanksgiving faith forum. the one absence, mitt romney who took a pass to campaign in new hampshire. the iowa forum was at times teary and confessional. prompting the moderator said that he felt a little bit like dr. phil. herman cain got emotional talking about his battle with cancer. newt gingrich spoke of a time in the '90s when he felt like he was quote failing personally. he's confronting ghosts of his campaign. as his campaign sky rockets. our man jon karl tells us in our sunday feature, newt was all anyone could talk about in this week in politics. >> reporter: meet this week's new front-runner.
good debater, a man of ideas. now newt gingrich is riding high in the polls. which means, now the spotlight turns to all of his baggage. exhibit a, the nearly $2 million that he got from freddie mac, the government-backed mortgage company that made so many bad loans it helped bring the economy down. newt said at a recent debate that he was paid as an historian. >> sounds like more than a historian. >> i was speaker of the house. and a strategic adviser. >> reporter: glad to offer strategic advice? just last month, that gingrich said that democrats should be tossed in jail for their ties to freddie mac. >> you ought to start with barney franks. and chris dodd. >> but gingrich was taking in $30,000 a month from freddie mac right until september 2008. that's the very month they started receiving a $54 million
taxpayer bailout, a bailout even bigger than any of the banks and worst than freddie mac, look at who newt was seen with back. >> we don't always see eye to eye, do we, newt? >> no. but our country must take action to address climate change. >> agree with nancy pelosi on climate change? how is that going to play with iowa republicans? they have been trying to find a candidate that can score big. romney keeps popping up along with a different face every couple of weeks. no jackpot yet. >> oh, i feel pretty good today. >> reporter: this week, herman cain became the first candidate to get secret service protection. but he also faced a problem more damaging than those harassment allegations. do you agree with the president's action in libya? >> okay, libya? >> reporter: the awkward silence went on and on.
>> i do not agree with the way he handled it for the following reason. no, that's a different one. >> reporter: it's only cain's latest stumble on foreign policy. but cain mocked those who questioned his expertise. >> who knows every detail of every country of every situation on the planet? nobody. we need a leader. not a reader. >> reporter: a leader not a reader? where have we heard that before. >> i was elected to lead not to read. >> reporter: oh, the simpsons. rick perry vowed to get back in the game. promising to cut congress's salary in half and challenging nancy pelosi to a debate. pelosi gleefully said that she had three things to do first. >> monday i'm going to be in portland in the morning. california in the afternoon. that's two. i can't remember what the third thing is. finally trending this week,
romney, i don't know. cain, down. worst than the libya flub, he canceled an editorial meeting with manchester union leader. up, the debt. $15 trillion and counting. down, way down the super committee. still no deal in sight. will they really blow it? up, pizza. congress declares it a vegetable for school lunches. with this week in politics, i'm jonathan karl. christiane? >> thank you, jon. now, rahm emanuel brought the house down in des moines last night at the iowa democratic party's annual jefferson jackson party. the chicago mayor delivered a sustained attack on mitt romney. in defense of the president's records. >> republicans fought him every step of the way. but because of his leadership, millions of young americans have been given a better chance.
that is the change that we believed in. that's the change we worked for. that's the change president obama delivered. >> and mayor rahm emanuel joins us now from des moines, iowa. thank you for being with us. >> thank you for having me. >> so, you gave this speech, the beginning was a hilarious if scathing standup of the republican candidates. newt gingrich, herman cain, rick perry and the others. are we to assume that president obama can't believe his luck given these opponents? >> somebody's going to be the republican nominee, and then it's up to the choice that's presented to the american people. but, what's interesting regardless of the personalities, all of them are exposing the same policies that the president inherited in 2009. not one of them has had a new idea that was tried. as i noted in the speech, george
bush and republicans got handed in 2000 a record surplus, they handed off a record deficit. we didn't come to that by accident. financial system that was frozen up. an auto industry that was near collapse. and then, everybody made some choices. mitt romney was clear about the choices. he would allow the auto industry to go bankrupt. millions of jobs associated with that. but those are the choices, the values, that's the leadership, that will be measured by the american people. you look at field, obviously, you drew the conclusion that you said, the policies the same. >> you talked about the promises made and the change brought as you put it in your speech, and yet one of the biggest changes that president obama promised was to unlock the gridlock in this town right now, in this town since he became president, and he wanted to sort of have a different kind of politics, and
yet here we are, stuck in the same political paralysis and with no end in sight. >> wait a second. i have been through people that brought an impeachment, is it bad? yes. there's gridlock. an example, christiane. he's offered a plan as it relates to dealing with the deficit. he's offered a plan. okay? and what they have offered is an ideology. he's offered a grand bargain, they have refused to bargain. the senate leader for the republican party said my number one goal is to make president obama a one-term president. now that's very hard to bring bipartisan ship. is it bad? yes. but, no, is it bad? absolutely. but, where does the origination of the poison start from? so, when you have the opposition -- president obama
doesn't go around saying my number one goal is to beat the republicans. my number one goal is to help americans. two different operating premises. >> yeah. let me ask you then about the current committee, i mean the super committee was in part shaped by president obama and here it is now, at the 11th hour, and it is apparently going to fail, they're not going to meet what they promised what they would do, and people would say that president obama hasn't front and center enough in terms of doing that last-minute politicking -- >> no, no. back up. now, the super committee was set up by the leading congressional leaders because that's where they wanted it. number two, he put an insurance policy in there. that if you fail, if congress doesn't do its job, there's going to be an automatic cut and that was the insurance policy both to motivate them but to make sure that americans got the type of changes and cuts in reforms that were necessary. now, he hoped that congress
would do it. but he had to buy an insurance policy. number two, as i said before, he plan, they have an ideology. he's offered to work on a grand bargain. they have refused to bargain. they will not move. he has said, as partisan overall plan i will make that part of it. that shows compromise and interest. they have refused to budge on a single piece on their agenda. that's not how you get to an agreement. >> you're giving a full-throated as we would expect, re-elect rally the troops for president obama in this coming election year. >> christiane, i was asked to give the speech at the iowa democratic party not to the brookings institute. >> right. we understand that. you're a democrat. you were the president's chief of staff. what i'm asking you, is, give your passionate defense, given everything that you're saying right now, and given the polls that for instance show that the majority of americans think that the country is on the
wrong track, they don't see the president as being able, at least 43% americans say don't see the president leading them out of this economic bind. and furthermore, the latest "college gameday" opinion research poll, showed, if the election was held today, mitt romney would beat the president, how do you deal with that heavy lift? how does the party how does the president face that? >> well, first of all, you remind people where we were just three years ago. and what has been done. but what needs to be done. and then, second, as i said in the speech, there are a clear set of choices. because when it ms to the decisions in that oval office, it's not clear, it's filled with fog. mitt romney has revealed himself and as the campaign continues, more and more people will see who he is willing to stand for
and who he turns a blind eye to. and that's the middle class. >> the last year or more, the whole conversation has been about budget cuts. and cutting spending, et cetera. but with occupy wall street and those movements it's shifted to the income disparity, to the 1% versus the 99%. and now you're seeing police departments all over the country really try to move them off the streets, how much longer do you think this movement can last and do you embrace their ideals and what they're standing for? >> well, look, as mayor in chicago, i firmly believe in protecting people's first amendment rights. that will never be encroached upon. i also have a responsibility to enforce the law. that also will happen. i don't think first amendment rights and law enforcement are opposite. but you can't be in public life and be callous about the angst
that the middle class people have in this country. remember, in the last decade, for the first time of quote, unquote economic expansion, the middle class lost ground economically. their standard of living declined. that's never happened before. second, even before they got their feet underneath them, they were hit again by a recession. they got the double whammy. you cannot be callous to home owners, families trying to send their kids to college. people trying to hang on to their jobs and grow their income. and not see what happened in the last decade. >> mayor rahm emanuel, thank you for joining us. >> thank you very much. rahm emanuel making the case for four more years. let's bring in our roundtable, george will, former reagan speechwriter peggy noonan, matthew dowd and paul krugman. thank you all for being here. you saw in the speech that rahm emanuel delivered last night
that this was not just in defense of president obama but taking on romney, is this the strategy that's going to work? that romney is going to be the candidate? >> i think they do. it's hard to see romney not coming out at this point as the answer to william buckley's principal, you vote for the most conservative person electable. >> you feel that now? >> so far. but, again, let's wait until we hear from some actual voters. >> so, how is the rahm emanuel sort of method going to play out? is really something sustainable now to go after romney? he's saying, look at the principles that he did stand for. >> look, what rahm emanuel was showing in that interview is that 2012 is about this. here's the re-elect strategy. if the subject is barack obama, that's bad for obama.
if the subject of the 2012 election is, oh, that republican nominee is so awful, then barack obama has a chance. this is going to be a demolition derby on the part of the democrats. in which they try to tear the other guy down. rahm was clearly thinking the guy right now and still is romney. but whoever it is, it will be the same kind of attack. >> i talk a little bit, it's not necessarily that they think that romney will be the nominee. they think that can beat the others easily. >> matthew, now all of the talk this week has been about newt gingrich. he has made this surge. we have reports coming out of iowa, home of the first caucus, how people are giving a seriously second look. >> that's the interesting thing about this race. for the last six months, it's
been the romney establishment primary versus the nonromney establishment primary. the nonromney establishment is the much bigger pool of voters. we had a series candidates. romney stable. not rising. series of candidates, michele bachmann, rise and fall. rick perry, rise and fall. herman cain, rise and fall. now, newt gingrich? does he has the same expiration date? i don't know. it reminds me of the college football season. lsu is at the top. alabama loses. oklahoma state comes up. oklahoma state loses, oregon comes up. oregon loses. we're sitting at this plateau. will someone who's representing the nonromney have enough stick to itiveness to stay around to win the iowa caucus. >> you have a republican ideology. which mitt romney doesn't believe in. he just oozes in sincerity. that's just so obvious. but all of the others are fools and clowns. there's a question here, many
-- maybe this is an ideology only fools and clowns can believe in. that's the republican problem. >> fools and clowns? >> no, i think that's not uncharacteristically severe on paul's part. let me my weekly disclosure. that mr. will is advising the perry campaign. his candidates embodies everything that is disagreeable. the classic rental politician. people think that his problem is colorful personal life. he'll hope that people concentrate on that rather than ethanol. al gore has recanted ethanol. not newt gingrich. industrial policy that's guided solyndra, he's all for it. freddie mac he said hired him as a historian. he's not a historian. hire gordon wood if you want a historian. >> let's put up what he said about freddie mac and these
so-called consultansy fees. >> i will truthfully answer every question theyy ask. did no lobbying of any kind. >> is that damage control going to work? >> oh, i don't know. look, there's a thing percolating, coming to a boil on the republican side. it is this opposition to this resentment to and a desire to overthrow this permanent washington political class. this week in the peter switzer book, everybody's reading them. the people who come to washington, as regular say middle-class folks stay here for a while, serve for a while as they put it and wind up 10 or 20 years later, extremely rich men and women. >> i agree with peggy on this.
the problem we have is newt gingrich, is a symptom of a washington problem. he said i don't lobby. but he's paid lots of money not to lobby but to influence people. he left congress, sort of a middle-class politician income, he became a multimillionaire over the course of the last ten years. an anti-washington, antiestablishment, anti-candidate, what someone who became millionaire basically by selling his influence? >> but even the conservatives. say it would foolish to count newt out. it looks like the conservative side is trying to grab on to him? >> i don't think so. i didn't finish my list. when the -- when the bush administration was trying to pass an unfunded new entitlement, crafting prescription drug entitlement, on medicare, who was out there saluting this as part of his service? he denounces the ryan budget.
he sits down to talk about climate change and cap and trade with nancy pelosi and others. the list goes on. but, on top of all of this, there's the absurd rhetorical grandiosity. the statement that we had from him a moment ago. you can read this. he essentially, he says that he's only the only man in the republican race who's really deeply concerned about the fate of the republican. not true. >> the other thing i think to watch is ron paul. ron paul is right now, he's second in iowa. he's second in new hampshire. of all the people in top tier, he has the most passion behind his candidacy. i won't be surprised seven weeks from now that paul wins the iowa caucus. and goes into new hampshire and disrupts this field even more. >> really disrupt? >> it would be disruptive. when you win iowa, you go into new hampshire with a certain amount of momentum.
we all know this. no one has taken ron paul seriously. therefore, when iowa does, everybody will stop and say, what the heck? can i say something about newt? i feel newt, we need a little on the pro-newt side balance. one thing that i think newt has going for him, we're a nation of insiders. everybody's always on the internet reading stuff. the base of the republican party knows that the establishment of the republican party doesn't like newt. that's a big plus. second thing is, i mean, that newt debates strategy was so fresh. so spoke to republicans. he did this. he said i'm not going to fight with the other guys. what i'm going to do, tell what we have to do to get out of the mess we're in. plus, i'm going to hate the media for you and take them on. >> his debate performance has
sort of propelled where he is right now? >> it was his time. people, the republican base does not want romney. and they keep on looking for an alternative. newt, although, someone said that he's a stupid idea of what a smart man sounds like. >> he also knows how to make the case of conservative thinking. at surprising moments. >> herman cain, in or out? >> he's out. he's done. i want to stay with ron paul for a second. you said to look out for him in six, seven weeks. look out for him in eight months, he's not running for congress again, he could be a third-party candidate. if he got 4% of the vote, a whole number of states that he can tip over with those. >> he would absolutely give the race to obama. >> we'll come back again with the roundtable. up next -- as the super committee barrels toward oblivion, a washington odd
isn't some optional pursuit. a privilege for the ultra-wealthy. it's a necessity. i find investments with e-trade's top 5 lists. quickly. easily. i use pre-defined screeners and insightful trading ideas to dig deeper. work smarter. not harder. i depend on myself the one person i do trust to take charge of my financial future. [ bell dinging ] americans right now are watching yet another scene of dysfunctional government play out in washington. after all else fails, the super
committee was conceived as a bipartisan solution to the america's debt woes. right know, it's poised on the brink of failure. but still, freshman senators marco rubio and chris coons, a republican and a democrat are trying to sew hope in this gloom. they have put together a jobs plan they believe everyone can support. it's known aa.g.r.e.e. they say it's small, but it's a start, nonetheless. i spoke with senators rubio and coons earlier. senators, thank you very much for joining me. let me ask you first, senator rubio, you said that this is not an earth-shattering bill that you're proposing. how many jobs do you think it will create? >> we know it will be more than what we now. ideas that came from jobs creators. some of it is extending existing laws. other things are new. that came from the franchise
association. we believe that one of the things that's holding back economic activity is the bad news, impending bad news that's coming out of washington. question feel that if we can show people that we can work on together, that there's a glimmer of hope in washington, we can agree on things that we agree on, we hope to get the ball rolling over the next 12 months. >> let me ask you, senator coons, a little bit of confidence is what needed here. obviously in senate, senator reid holds the card in terms of bringing it to vote, is there any indication that you have that he would embrace this a.g.r.e.e. act of yours? >> christiane, we have gotten positive responses from folks in leadership and from the white house. and from a number of our colleagues who have stepped forward to offer co-sponsorship. we drew these ideas from a broad range of sources. from the president's jobs bills, as well as the president's council on jobs. i think is balanced,
constructive package of ideas that can help move the economy forward. i'm confident that leader reid wants to make any progress we cacan moving lislation that will help create jobs. >> senator rubio, you're saying that it's a simple thing that everybody agreed on the elements of it, if this can't get through, what kind of message does that send? senator rubio? >> that's exactly right. that's our point. our point is there's no reason for this not to pass. i think people at home, certainly here in florida, i'm sure across the country, understand that there are big differences between republicans and democrats. we'll have an election next year to decide that. what they don't understand is, why do you guys fight about the things that you agree on. we sat down and tried to collect the few things that people had agreed on in a bipartisan way and said let us at least pass those. that's what we're hoping to do here. you ask a very important question, if something like this can't get traction or pass, what does it say about our process?
>> well, precisely that. you both said that this is not a substitute for the really large reforms that have to happen. we'll have to wait for the next election, perhaps. do you agree with that, senator coons? nothing big on reform and deficit cutting going to happen until the next election? >> we have made bipartisan progress in this senate. although it's not widely known. things as the patent bill. free trade agreement. we have been able to get some things through. but i'll agree with your question, on the larger issues about how to tackle the deficit, how to deal with getting jobs created in this country and how to get our fiscal house in order, there seems to be a persistent divide. between my party and senator rubio's party. we have a difference of opinion. in my view, my party is the one that continues advocating for everything on the table that includes revenue as well as considering entitlements. if we can't get some agreement on how to tackle a bigger
package, i do think we'll have to wait until the next election for a clear single from the americans. on what value they put on protecting the most vulnerable in our country who currently rely on entitlement programs as a critical point of supporting them as they move through life. >> senator rubio, senator coons just talked about revenue. all of this is at play in this super committee. by all accounts, a huge amount of pessimism. people do not believe that the super committee is going to actually come up with what it said to do. do you agree with that, by the way, do you think this is not going to work? senator rubio? >> well, first of all, i never thought that the super committee was a good idea. second of all, i hope it works out. because so much is at stake. something in defense of the democrats on the super committee, i blame the white house for a little lack of leadership on this. the white house has never indicated to them on how far they can go on making concessions. for example, on entitlement reform.
it's very difficult for the democrats on that committee to enter into a negotiation. not knowing where the white house is. if they agree on something that later that the white house doesn't want to support in an election year. >> senator rubio, do you agree that president obama does wants this super committee to fail? to run against do-nothing congress? >> well, again, i hate questioning people's motives. i believe that there's political strategy involved here. i think the president would like to run against the do-nothing congress. i hope that doesn't stand in the way of meaningful legislation. >> senator coons? >> i have to remain confident that there are folks in both parties who want to put americans back to work and want to do it in a responsible way. we need to pay attention the 99% of americans whose economic picture hasn't gotten brighter in the last decade. who haven't benefited from the tax cuts that was enacted under the last administration.
we have to look at fiscal solution that will put everything on the table. that will get our economy moving again. put a floor under the real anxiety out there in the world. if we can focus on the broader challenge, which is finding at least 4 trillion in the next decade in savings, in deficit reduction, stabilize our debt, deal with our deficits we can strengthen our economy. if it simply fights between no defense, no reforms to entightments, no rising taxes, no investments to grow our economy, we'll continue to sink as a country. we'll risk, i think a double-dip recession. >> one of your fellow senators, a republican, recently said if this super committee, if this congress cannot come up with one $1.2 trillion in deficit cutting that's a complete failure of leadership and he said that we deserve to be downgraded. that's quite an indictment.
do you think you deserve to be downgraded if it doesn't work? >> it would be an indictment on our political process and the unwillingness of the political class in america to deal with these significant issues. these issues have been going on for a while. we knew this day was coming. we need to look no further than europe of what lies ahead. unless he take these issues seriously. >> senator coons? >> i'm certainly hopeful that all of us in washington will take very seriously the cautions that we have gotten from the bond ratings agencies. what's going on in europe should be concerning to people in this country. countries in europe have a math problem. nary economies can't produce enough surplus, revenue, to deal with their debts in the short term. in america, we have a leadership problem. but we still have the opportunity to right our ship to make the bipartisan compromises we need to get our economies back on track. by dealing with the significant
challenges that face us in terms of the size of federal revenue. if we can get past the partisan divide and make compromises, we can fix our books and get on the right track. and we strengthen our economy. >> thank you. >> thank you. >> thank you. and at this hour the super committee stands on the brink of a super collapse. can they snatch victory from the jaws of defeat? the roundtable when we return. [ female announcer ] from an earache... to the flu. an accident... to asthma. a new heartbeat... to a heart condition. when you see your doctor, you don't face any medical issue alone. you do it together. at the american medical association, we're committed to preserving that essential partnership between patients and their doctors. because when it comes to your health, you need someone you trust. the ama. protecting the relationship between patients and physicians.
e protecting the relationship emotional here? aren't you getting a little industrial? okay, there's enough energy right here in america. yeah, over 100 years worth. okay, so you mean you just ignore the environment. actually, it's cleaner. and, it provides jobs. and it helps our economy. okay, i'm listening. [announcer] at conoco phillips we're helping power america's economy with cleaner affordable natural gas... more jobs, less emissions, a good answer for everyone. so, by reducing the impact of production... and protecting our land and water... i might get a job once we graduate. congratulations. congratulations. today, the city of charlotte can use verizon technology to inspire businesses to conserve energy and monitor costs. making communities greener... congratulations. ... and buildings as valuable to the bottom line... whoa ! ... as the people inside them. congratulations. because when you add verizon to your company, you don't just add, you multiply. ♪ discover something new... verizon.
or creates another laptop bag or hires another employee, it's not just good for business. it's good for the entire community. at bank of america, we know the impact that local businesses have on communities. that's why we extended $7.8 billion to small businesses across the country so far this year. because the more we help them, the more we help make opportunity possible. in washington this morning, it looks like the most vaunted super committee has struck out. yes, some precious time remains but not much hope at this time. what will that mean for america's economy and its politics? let's bring back our roundtable again. george, you were never a big fan of the super committee, even if it fails or doesn't fail, what
does it say about what's happening here? >> what we need is not a big committee, we need a big election to sort some of these things. but what was to opel the super committee to success was a fear of sequester. during which the congressional budget office projects that we'll have 44 trillion of budget. second, even if the sequester takes hold in 2013, 2013 spending will be a third larger than it was in 2007, just six years ago. >> actually i agree with george on a lot of that. not that sequestration was trivial. the automatic cuts -- if you look relative to the things that are in the firing line. it's a lot bigger than that. but it's not going to happen. one way or another it's not going to happen. in january 2013, we'll be in a different political universe, either president gingrich will
be doing something or re-elected president obama and reinstalled speaker pelosi will be doing something. anything can happen here. the super committee was a terrible idea from the beginning. >> christiane, i think the bigger here is americans watching this going on. we're at a sunday going into the thanksgiving holiday, the american public is out there, families are gathering. they're flying across the country to gather at a table. the super committee hasn't met as whole since november 1st. they can't walk across the hall while the american public is trying to celebrate holiday. they watch penn state, another institution that they have seen a complete failure. and now the super committee, six members on each side can't seem to even meet. in the course to solve this problem. >> in the meantime you have a very, very upset secretary of defense, part of those automatic cuts will be defense.
i want to put up what the secretary of defense said. he said, i really urge leaders in congress, i urge this committee -- suck it up. do what's right for the country. we elect them to govern. he sounds so frustrated, peggy, even he's being tough on some of his own party. >> he certainly has. look, the super committee is over. it has broken down. nothing is going to happen here. >> what will happen to address all this? >> look, it broke down over classic republican and democrat spending and taxes. we know what the issues were. some people tried to make compromise. it didn't work. it didn't work, mostly in my view, counter-rahm emanuel, because the president never got involved in this. he never pushed this forward. he could have had a big psychological effect. the president stiffed his own secretary of defense.
>> should he have gotten more involved? >> it wouldn't have done anything. the gop comes into this with a view that we have a terrible deficit problem. and in dealing with that deficit problem, we must maintain tax rates on the wealthy. pretty close to their lowest in 80 years. you're not going to have a deal. >> senator pat toomey, the most conservative on the super committee came up with a lot of revenue, is this an internal debate? >> the gulf that we have here, democrats on one side say that you can't cut any expenditures during a time of economic turmoil. republicans' economic theory, you can't raise taxes at a time of economic turmoil. two people with a huge gulf in between, both of which are operating on things that are historically true. you can cut expenditures during an economic problem. and you can raise taxes during an economic problem. >> you're totally wrong. we have a long term deficit
problem. and part of the problem is short-term austerity. actually, i'm celebrating the fact that this committee hasn't reached a agreement. because that would have been bad. >> it recommended a package that had 30% deficit reduction through new revenues and 70% through cuts. the toomey proposal was 24% through revenue and 76% through cuts. very similar to simpson and the democrats ignored it. >> so no shift in republicans when it comes to taxes? >> a significant shift. absolutely. >> it certainly is. particularly from someone like pat toomey. but let me speak to matt's point, people are looking at this, i think, they're going to see two things. one is, this feels like greece two years ago. this is like a country that's not able --
not even in a small way, 1.2 trillion out of 44, to make a little step forward. it makes the government look bad. it's just not a good thing. >> nobody fwhins this. the president loses in this. democrats in congress loses in this. the republicans in congress loses in this and the people in the country. >> this was just a terrible idea. >> which is a horribly tragic thing. >> because it's a political issue, it's not a technical issue. it's not a small compromise. we have to make a decision on what kind of country we're going to be. >> after the election we'll have at least some direction, at least way the republic wants to go. >> we thought we had some direction four years ago. we thought we had some direction ten years ago. the country goes back, the congress goes back to this poll raised atmosphere. >> this is a transaction cost of democracy. the congress far from being
dysfunctional is functioning as a representative institute -- institution representing a country that's two minds. >> we'll leave it there. up next -- more revelations and more recriminations at penn state. a campus still reeling involving the alleged the rape of young boys by a football coach. coming up next. the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas projects in the world. enough power for a city the size of singapore for 50 years. what's it going to do to the planet? natural gas is the cleanest conventional fuel there is. we've got to be smart about this. it's a smart way to go. ♪
tdd# 1-800-345-2550 there are atm fees. tdd# 1-800-345-2550 account service fees. tdd# 1-800-345-2550 and the most dreaded fees of all, hidden fees. tdd# 1-800-345-2550 at charles schwab, you won't pay fees on top of fees. tdd# 1-800-345-2550 no monthly account service fees. tdd# 1-800-345-2550 no hidden fees. tdd# 1-800-345-2550 and we rebate every atm fee. tdd# 1-800-345-2550 so talk to chuck tdd# 1-800-345-2550 because when it comes to talking, there is no fee. ♪ [ male announcer ] you'd be shocked how much data you use in a month. e-mail, status updates, finding your way, uploading photos, downloading an app, an app, and another app. kilobytes, megabytes, gigabytes... all stacking up until you reach your limit. and what happens if you go over? with sprint, you don't have to worry. only sprint offers truly unlimited data. trouble hearing on the phone? visit sprintrelay.com.
your core competency is...competency. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. i'm getting an upgrade. [ male announcer ] as you wish, business pro. as you wish. go national. go like a pro. now through january earn a free day with every two rentals. find out more at nationalcar.com. this is supposed to be the most exciting time of the college football season.
but this year, all eyes are on the penn state nittany lions and for all of the wrong reasons. as former defensive coach jerry sandusky is indicted on charges that he sexually assaulted children. the investigation into who knew what and why the university officials failed to act swiftly are shaking penn state to its core. abc's jim avila has the very latest on the investigation and new questions about what's being called the most explosive and damaging scandal in the history of college sports. >> reporter: the man at the center of scandal, jerry sandusky, facing 40 counts of molesting it a boys, is free to roam the streets but is not talking anymore. >> you got anything to say? how are you holding up? >> reporter: the card said contact my attorney. with the once-noble penn state football program now under ncaa investigation for its handling of the scandal. its legendry coach, the university president, all fired. another shoe dropped friday.
the still-beloved joe paterno, diagnosed with lung cancer. >> what did he say to you? >> he just waved me off. he said don't bug me about that. you worry about coaching. i'll be fine. >> reporter: espn's interview with paterno's coach jay, was the first we heard from the close-knit family since joe paterno was fired. >> one thing joe said throughout the whole of this, we need to keep focus on the victims of this whole tragedy. >> reporter: a softer edge from what we heard at the beginning of the week from a defiant jerry sandusky. who by telephone told bob costas that he merely "horsed around" with the boys in the penn state locker room. no sex. >> are you sexually attracted to young boys to underaged boys? >> am i sexually attracted to underaged boys? sexually attracted?
no, i enjoy young people. i love to be around them. i -- but no, i'm not sexually attracted to young boys. >> reporter: a message that angered the alleged victims. victim number one's mother telling abc news, that statement made her boy even more anxious to testify. >> he wants him to go to jail and he wants him to pay for what he's done. he doesn't want him on the streets where he can hurt someone else. >> the judge who allowed sandusky free on the street was a contributor at his charity. but serious questions about the governor's role in all of this remains. tom corbett was attorney general in 2009, and used the slower grand jury process to investigate sandusky. which left him on the streets for two years while the case was being built. criticism that had the governor lashing out at reporters this week. >> do you want to continue to argue or do you want to ask a question? >> reporter: there were plenty
of those, too? why did he approve a grant knowing that the charity was investigation? will that charity close this week? for "this week," i'm vim jim avila, state college, pennsylvania. >> an appalling story. we'll keep looking into it. and up next, a looming presidential pardon tops the agenda next week. we'll explain coming up.
it's been more than a week since the last presidential debate. but there's much more of that kind of fun coming up. here's a look at what's in store for next week in politics. new hampshire is ground zero in the campaign early next week. newt gingrich travels there monday to roll out his plan for entitlement reform. tuesday, president's jobs tour hits manchester. that night we'll be on gasp control as the republicans hold another debate. wednesday, of course is d-day for the super committee. miss that deadline and heads will roll. but not for one lucky turkey who gets an official presidential pardon later that afternoon. now for a little something to tied you over until
thanksgiving. the sunday funnies. >> there was another republican debate on saturday. and listen to this, ron paul only got 89 seconds to speak. seriously, rick perry gets more time than that to try to remember something. here's now is what happened to herman cain's brain. watch. >> okay, libya? here to comment on how his campaign is going, republican -- governor jon huntsman. >> isn't it true that nationally you're polling in the low single digits. >> it is true, seth. but only a few months ago, i was polling at margin of error. to have any digit at all is a pretty big deal. >> we'll be right back. there are over twelve thousand diseases in the world. some take years to diagnose and treat. how can doctors find insights in a body of medical knowledge that doubles every five years?
new solutions based on ibm watson are being developed to help doctors analyze a patient's history, symptoms and the latest medical literature to make faster, more accurate diagnoses. hello. my name is watson. let's build a smarter planet. when it comes to preparing for your financial future, it helps to have a team that performs well together. pacific life offers life insurance, annuities for lifetime income, mutual funds and retirement solutions. ask a financial professional about how pacific life's more than 140 years of experience can bring strength to your team. pacific life - the power to help you succeed. [ man #1 ] i was fascinated by balsa wood airplanes since i was a kid. [ man #2 ] i always wondered how did an airplane get in the air. at ge aviation, we build jet engines. we lift people up off the ground to 35 thousand feet.
these engines are built by hand with very precise assembly techniques. [ man #3 ] it's gonna fly people around the world. safely and better than it's ever done before. it would be a real treat to hear this monster fire up. [ woman ] i think a lot of people, when they look at a jet engine, they see a big hunk of metal. but when i look at it, i see seth, mark, tom, and people like that who work on engines every day. [ man #4 ] i would love to see this thing fly. it's a dream, honestly. there it is. awesome. that's so cool! yeah, that was awesome! [ cheering ] i wanna see that again. ♪ and now in memoriam.
[ male announcer ] each of these photos was taken by someone on the first morning of their retirement. it's the first of more than 6,000 sunrises the average retiree will see. ♪ as we're living longer than ever before, prudential's challenge is to help everyone have the retirement income they'll need to enjoy every one of their days. ♪ prudential. bring your challenges.
congratulations. congratulations. today, the city of charlotte can use verizon technology to inspire businesses to conserve energy and monitor costs. making communities greener... congratulations. ... and buildings as valuable to the bottom line... whoa ! ... as the people inside them. congratulations. because when you add verizon to your company, you don't just add, you multiply. ♪ discover something new... verizon. that's our program this week. remember, you can follow us any time on twitter, facebook and abcnews.com. be sure to watch "world news" with david muir tonight for all of the latest headlines.